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Production Economics: Worthwhile Investment?

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  • Shumway, C. Richard

Abstract

Agricultural production economics research is examined within a broad framework of scientific development and utilization. Recent findings in three selected areas of the subdiscipline are examined and opportunities for further fruitful inquiry are identified. Few "stylized facts" emerge from recent work and suggest the need for much careful hypothesis testing, model exploration, and empirical sensitivity analysis in the future.

Suggested Citation

  • Shumway, C. Richard, 1991. "Production Economics: Worthwhile Investment?," Faculty Paper Series 257884, Texas A&M University, Department of Agricultural Economics.
    • Handle: RePEc:ags:tamufp:257884
    DOI: 10.22004/ag.econ.257884
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    Cited by:

    1. Shumway, C. Richard, 1995. "Recent Duality Contributions In Production Economics," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 20(1), pages 1-17, July.

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